Smart phone sales continue to remain healthy and have jumped by 50% in the first quarter compared to last year to about 54 million units. The emerging markets like China and India continue to enjoy huge demand, as per reports.
Smart phones have operating systems and also offer download of multiple applications. They comprised around 20% of all the handset sales. This is helping the global handset industry come out of recession after a weak performance last year.
Even as, the US government tries to effect a reduction in healthcare costs, hospitals in India are hoping their medical tourism industry will not feel the impact.
Many US corporates have contracted Indian hospitals to treat their employees at affordable rates, and remain hopeful patients seeking elective surgeries will continue to opt for India as a preferred destination.
Forty-eight hours after the arrest of Dr. Ketan Desai, President of Medical Council of India (MCI) and Head of the Department of Urology at the BJ Medical College by the Central Bureau of Investigation, the state government’s medical education department has not yet said whether he is to be suspended.
Technology can never remain stagnant. It is constantly improving and changing. Computer technology is a paradigm of the ever changing nature of the field. Change in this area is a function of demand and completion. When the demand and need for a certain product arises, companies work towards fulfilling this demand. On the other hand, new innovations are also contingent on the competitive market. In a bid to outdo rivals, companies release new products, preempting the moves of their competitors and anticipating customer demand.
In a news that must come as a welcome relief amidst frequent reports of hate crimes against Indians in Australia, the Australian government has named Ralph Martin, an Indian origin researcher of Alzheimer's, for the high civilian honour of Australian of the Year 2010. He will be felicitated along with other national award recipients at a ceremony in Canberra on January 25.
India's automobile manufacturing sector has been booming lately, and all leading makers want a piece of it. Not far behind are GM and Chinese car maker SAIC, who are all set to jointly enter the Indian market to make small cars and commercial vehicles, taking the 12 year old successful and lucrative partnership to yet another growing sector.
Man Industries India Limited, part of the well-diversified UK-based Man Group, has secured two new orders worth Rs 750 crore from different firms for supplying pipes.
The company has bagged first orders worth Rs 200 crore from GAIL, while the second order worth Rs 550 crore has been secured from the Middle East and African continent.
With the latest order the company's total order book stands about Rs 2,500 crore.
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